Evening Star Newspaper, September 29, 1929, Page 19

ATIONS ALL SEEK PEACE BANK' SITE Matter Will Be Important | Question Before Committee at Baden October 3. BY PAUL SCOTT MOWRER. By Cable to The Star PARIS, September 28.—It now is Ppractically agreed, altugh nothing has been officially decidrg that the com- mittee of bankers who will organize, and retouch the statutes of the new world bank, called by the Young plan the Bank of International Payments, will meet at Baden, Germany, on Oc- tober 3. H After a long wrangle between the governments over a possible meeting || place, only Belgium still contests this!| choice. The Belgians want Brussels, || but French influence is now being used to persuade them to accede to the gen- eral will, | The importance of this meeting is considered great, for it means that the bank actually is about to be instituted, ready to operate by November if possi- ble. The Young plan experts were so convinced of the utility to the world of || the new institution that they originally wanted to call it the “peace bank,” be- cause, as the Germans have since point- ed out, it tends to create a financial al- llance of debtors and creditors through- out the world, thus emphasizing com- || mon interest and making wars less likely. Americans on Committee. ‘With the nomination of Mevin A. Traylor and Javcson E. Reynolds as American members of the committee, participation by the United States in the bank, although never greatly in doubt, is assured. While the Federal Reserve system itself will not be offi- cially represented as will other central banks of the world, it will be repre- sented unofficially and show every sign of a desire to co-operate. Perhaps the most delicate task of the committee will be the choice of the bank’s location. So sensitively con- scious are all the governments cop- cerned of the bank’s future prestige and importance that every couniry ‘would like to have the institution w}:h- in its own frontiers and there is cc-re- sponding jealousy at the thought that it may be situated in some other coun- try. The only thing agreed upon in this connection so far is that the loca- tion shall be some where in Europe. Great Britain, through Chancelor Snowden at The Hague conference on ! the Young plan, tried to get support for the location at London, but without much success. The British since have been making lively efforts to persuade the Germans, Japanese, Americans, and, t in fact, everybody, that London is the logical place. Each Has a Favorite. With the Americans the argument is being used that the bank if in Lon- don, could never become th> instrument | of some future “United States of Eu- | rope” and be used against the United | States of America. Britain's second choice seems to be Amsterdam, France, | knowing that Paris was out of the! question, favored Brussels, with Laus- anne as second choice, but might com- promise on Basel. Germany knowing Berlin to be out of the question, has been doing lip service for London as a | favor to the British, but actually seems to prefer The Hague, with Zurich as second choice. Belgium is standing obstinately for Brussels with no srccnd‘ choice. Italy is believed to favor Laus- anne. Japan and the United States have not | yet declared themselves. Geneva, whicn | is preferred by many League members. has been discarded for fear the United States would oppose. The French arc putting forward principles that no large country should be chosen and no city in which any central bank now is located, hoping thus to eliminate Lon- don and Zurich, as well as Brussels, and swing the current of opinion toward their compromise choice, Basel, which, || indeed, at the moment, seems to stand the best chance, with The Hague or Satisfaction Since 1859 810-818 Seventh St. INeseataCE Sale! Entire Stock EVERYBODY’S SHOE STORE At Sensationally Low Prices Ready for another two days of lively selling of men’s, women’s and children’s quality footwear—with assort- ments complete and plenty of extra help to serve you. Ask your neighbors about the wonderful values. Washington’s Greatest Shoe Sale Women'’s Fine Shoes Worth $3.00, $4.00, $5.00 and $6.00 511.27 51:.87 32.87 $3_.s7 High-grade makes of smart shoes, in patent, satin, kid, f, suede and velvet: all sizes 275 to 8 in the sale. Straps, step-ins and arch-support models. High, Cuban and low heels. A style for every foot and fancy. —Second Floor. - Men’s $6 to $10 Shoes 2% and 3% SELZ, NUNN-BUSH, CRADDOCK-TERRY and other nationally advertised brands ot men’s shoes—in kid, calf, patent leather and | Scotch grain. Black and tan oxfords and high shoes with English | tips, plain tips and wing tips. All sizes 6 to 11. MEN'S SHOES, of standard brands, chiefly narrow-toe style, in broken sizes. High and low shoes. Pair Sl-oo Boys’ Sh oes Misses’ and Children’s SHOES $3.00 & 34.005 1 .87 Values, Worth $1.50 to $5 87c *1%® $1.87 $9.57 Nobby Tread, Educator, Keen Kicks, Treico, Red Riding Hood and other famous brands in ox- fords, straps and high models. Kid, patent and calf, black and tan; all sizes 8 to 11, 11!, to 2. Second Floor Choice $5.00 & 35.0032‘77 Values, Choice High and low shoes in blucher and bal styles, with Goodyear welt. Black and tan leathers. Leather, composition and crepe soles. All sizes, 8'; to 11, 1113 to 2 and 2'; to 51 Second Floor Manufacturer’s Samples FUR STRIPS For Collars and Cuffs Worth $5.98 to $9.98 Yard All Advertised Sales for Both Monday and Tuesday 1859 When Unable to Visit the Store in Person— Just Write MARION WHITE She Will Shop for You Purchase of Luxurious COATS Modc_els of High Distinction, Tailored of Beautiful Fabrics and Trimmed With Furs of Superb Quality Worth $35.00 to $89.00 Quality Style 48 Value Variety Saving 63 Furs and Linings Guaranteed for Two Seasons’ Wear Sizes for Everyone—14 to 20, 36 to 50 Four specially-priced groups of specially-purchased Winter coats coat-buying problem, offering as they and every income. t simplify the do magnificent new models for every taste In rich weaves of broadcloth, velvet, valmo, kitten's ear broadcloth, velour, velour de nord, Lavish ede and tweeds. New drapes, flares, panels, straight lines, princess lines. arge fur collars and cuffs of American badger, black, brown, red and pointed Manchurian wolf, marmink, mink-dyed muskrat, black skunk, opossum, beaverette, Jap fox and French dyed coney. Black, brown shades, green, tan and wine shades. Second Floor New Exta Size $100 “Ideal” Belgian SSY| Seal COATS Spcil Purchase $2.50, $3.00 and $3.50 ‘Washable Cape & Suede .59 GLOVES . 1 Purchase of smart new slipons and fancy cuff gloves ir wash- able cape and suede, very slight substandards. black with white stitching. sizes. Street Floor Ekonomy Kolumn | Modess Sanitary Napkins 2 doz. for 39¢ Modess is preferred fe better absorbent qualities. "iu}:; disposable. Buy MODESS at this bargain price. Street Floor —_— $1.00 Picture Frames, 79¢c Swinging picture frames, single and double styles, finished in silver, gold, bronze or blue. 29c Avalon Hair Nets 19¢ Doz. Double mesh, cap shape. In dark brown, medium brown, light brown, gray, blonde and black. Street Floor With Coupon Only O. N. T. Spool Cotton 3 for 9c 100-yard spools, all numbers, white and black. Street Floor Women’s $1.98 Umbrellas, $1.29 Rainproof Umbrellas of Bradford cloth, with wood and amber handles and amber tips and ferrules. Street Floor $1.00 Window Shades, 55¢ Slight seconds of Holland shades in blue, ecru and white. Also ofled opaque in green, ecru and white. 75¢ Jiffy Mop, 39¢ Jiffy oil mop, ofled ready for use. In metal container, with long handle. $1.00 Feather Pillows, 69¢c 17x25 pillows covered with art ticking and filled with new feathers. $2.00 Curtain Lengths 98c Each 21;-yard lengths, cut from the bolt. Fancy weave fishnet curtains in ecru shade. Third Floor 25¢ Outing Flannel 19¢ Yd. Striped outing flannel, fieeced on both sides, a grade for general home use. 20c Unbleached Cotton 15¢ Yard Excellent quality yard-wide un- bleached cotton for making sheets and mattress covers. 39c Turkish Towels, 25¢ Large size heavy white Turkish bath towels of absorbent quality. 35¢c & 39c Pillowcases, 25¢ 45x36 and 42x36 cases, of firm, durable quality cotton. Street Floor 59¢ Lace Neckwear, 39¢ New Fall styles in collar and cuff sets, vestees, panels and berthas. Filet Lace Scarfs, 35¢ 17x44 filet lace vanity and dresser scarfs in cream shade. Buckles and Slides, 39¢ Ea. 50c to $1.00 fancy dress buckies, slides and pins in many colors, styles and sizes. Street Floor Infants’ Shirts, 25¢ Rupens and_straight-front styles, in fifeced shirts with long sleeves. Boys’ and Children’s Fleeced Union Suits, 59¢ Sizes 6 to 16 in boys’ random fleeced suits with high neck, long sleeves, ankle length: and sizes 2 to 12 in children’s fleeced suits with waist_attachment; Dutch neck, el- bow sleeves, knee length: also high neck, long sleeves, ankle length. Women’s Knit Union Suits, 50c Rayon stripe knit suits, sizes 36 and 38. Medium weight, low neck, (Dyed Coney) All sizes 44 to 50 in this surprising purchase and sale of beautiful fur coats of | the most fashionable char- TWEEDS Yard acter. Crush or shawl col- e e lars. Lined with faille silk. | et fabric vogue—these new weaves in cotton tweeds for no sleeves, knee length, built-up shoulder. Sizes 40 to 44, 55c. Misses’ Silk Hose, 49¢ Trregulars of $1.00 thread silk hose with pointed heels, also silk and rayon hose. Popular colors. Children’s 39c Hose, 21¢ Children's derby-ribbed hose in all colors and_misses’ shaped long sport hose in fancy patterns. Per- fects and irregulars. Smart Ledther Amsterdam next. Americans May Decide. As the committee presumably will be presided over by either Traylor or Rey- nolds, American opinion on the subject of location when finally expressed may weli be decisive. The British, in case London is rejected, will try to have a British president chosen, and in_this may succeed. The name of Niemeyer . has been mentioned in this connection. 50¢, 75¢, 51 e Renew your last season’s coat with rich fur trimmings at low cost! This great underpriced purchase contains collar and cuff lengths in fine 4-inch fur strips, such as thibetine, mouf- - flon, nutria, Mendell and coney. Black, brown and’ grey. 1,400 Yards 29c Cotton 1 9c Handbags. $1 .98 New Calfskin Bags of beauti- ful quality, in smart pouch shape with back strap or long handle: metal or leather-covered frames: @swinging purse and mirror: black, brown, navy and tan.— Street Floor. It is believed the board of directors, plus the presidency, will finally com- promise national representation about 2s follows: Great Britain, 4; United States, 4: |} Germany, 3: Framce, 3; Belglum, 2; Italy, 2; Japan, 2; Jugoslavia, 1; Ru- mania, 1; Greece, 1; Poland, 1; Czecho- slovakia, 1, and, finally, three so-called neutrals, probably Sweden, Holland and Spain or some Latin American country, making a total of 28, including the president. ‘Of course, if the president is not British, Great Britain's repres sentation will be only three instead of four. ‘The second and even more important question the committee must decide is to what extent the bank's activities shall go beyond the actual handling of repa- rations. The Young plan experts, as is || now well known, envisaged a bank which should not only deal with all phases of reparations financing but other international financial affairs—in fact, be a sort of clearing house for the stabilization of exchanges and even cer- tain credit operations. This perspective, | curiously enough, seems to have given rise in every country to exactly the same fear—namely, that some other | countries would get controi and use this immense potential power for private political ends. Fear Misuse of Bank. ‘Thus, whereas some Americans have feared European domination and misuss of the bank, Europeans, with at least equal nervousness, fear American domi- nation, owing to the fact that the United States is now the chief creditor nation. Nervousness in_ certain states now is so acute that Poland, Norway and Denmark even tried during the re- cent assembly at Geneva to get the bank somehow under league control, but this effort, on private cable advice from J. P. Morgan to Louis Loucheur, |! was vigorously combatted and finally defeated by ~France, Germany and Great Britain, so as not to give undue offense to the United States. Fears nevertheless remain, and the new com- - mittee will be expected to help alleviate . them to some extent. 3 4 At the outset the bank will certainiy £ deal almost exclusively with reparations, £ but very soon,even under this head, It % will be obligated to extend its activities, § invest funds it has on hand, and give & credits on future deliveries in kind § The tendency at present is to Hmit the f bank's immediate program ~without permanently barring the way to almost ¥ indefinite development according to ~ needs and circumstances in course of time. b LORD MAYOR ELECTED. 8ir William Waterlow Succeeds to High Post in London. LONDON, September 28 (#).—Sir Wil- liam Waterlow, joint managing director of a widely known printers and station- ers’ firm, was elected lord mayor of London today for the ensuing year. The post is one of the most pic- turesque offices in Great Britain, and is surrounded with a wealth of Old World | '} pomp and custom. It is said that it| cost the lord mayor about $100,000 of || his own money to hold the office for the year. Sir Willlam succeeds Sir Kynaston Studd. Fur Collars Ready to Sew on Your Coat Mushroom fur collars in Shawl fur collars in Tk doney o $5.98 Baek o™ 2 $0'Q8 Street Floor $5.00 & $6.00 Part-Wool Elanke(:: $3 '?..,8 In Colored Block Plaids Sizes 66x80 and 70x80 in these heavy, fluffy plaid blankets with deep satin binding. Pre- ferred for warmth, and the mixture of cotton with the wool increases the durability. Specially purchased to sell below their established worth. 900 Pairs Tailored Lace Curtains $1 25 A timely opportunity to buy white and ecru 4 Nottingham curtains at a saving, the result of an unusual purchase. In new ‘tailored styles with plain and worked centers and elaborate borders. Used two to each window. Other Lace Curtains, $1.59 and $1.98 Pair Third Floor $1.39 Seamless Sheets Thrifty news! 600 good sheets, 81x90 size—to sell far below their worth. Slight seconds but not at all hurt for service. Made of heavy bleached sheet- ing cotton, hand torn and ironed. Street Floor Pair . $1.00 Full-Fashioned Improved Bember 'HOSE 19" Ready for two days of brisk hosiery selling— with hundreds of pairs of the inimitable Bemberg rayon hose at a worth-while saving. Be here for your share of this bargain in’the aristocrat of rayons! All colors. $2.00 FULL-FASHIONED SILK HOSE—All-over silk chiffon hose, also heavy service weight with lisle hem. All colors. $1.25 and $1.50 Rayon Bloomers Regular, extra and double extra sizes in these superb quality bloomers from 'a famous maker. In pink, peach, coral, nile, erchid, white zolden brown, French biege, moonlight, Silver grey, jungle green, red, sand and peacock z 69¢ $1.00 Rayon Vests, nze; 33 to 44, 50c Street Floor |* favorite Fall colors. Thrifty women will buy freely BOUDOIR ARTICLES—Cold cream jars, tooth brush holders and tooth paste holders, 1Q¢ pearloid and amber...... Street Floor welcome saving. Own a handsome coat at a Second Floor making children’s school dresses. Patterns that simulate the wool fabrics—in_attractive color schemes. Yard wide. Street Floor Purchase 1,000 Pieces Manufactured Ivory Toiletware Worth $2.00 to $5.00 Enrich your boudoir with quality articles at'a wonderful saving! Thes are strictly first quality products and include plain and decorated hand mirrors, hairbrushes, combs, trays powder boxes, hair _receivers, je boxes, atomizers and picture frames at §1.00 each: also manicure articles at 35¢ or 3 for $1.00. Choice of pearloid and amberoid. in white, mais, pink, blue and orchid. Street Floor $2.00 Crepe-Back Satin 159 Quality, style and economy are happily united in yard this underpriced selling of heavy, lustrous satin with heavy-crepe back. 39 inches wide. Shown in the —and congratulate themselves on the saving. K Street Floor .2,000 Attractive New Wash Frocks § All Sizes 16 to 44, 46 to 52 A two-day dollar sale of charming frocks of fast-color cotton prints in light and dark colors. Straight lines, two- plece effects and flared skirt models. Long or three-quarter sleeves. Trimmed with white or colored collars, vestees. pipings, belts and buckles. Thrifty women will want a supply of pretty frocks at this Jow price. Second Floor Rayon - Satin Costume Slips Rich, lustrous quality, with strap top, inverted sl 59 back pleats and tailored hem. Flesh, peach, nile, tan and white. Sizes 36 to 44. Luxurious quality ray- on satin slips with hem- $198 stitched top and deep hem, built-up and strap styles. ‘White, flesh, peach, tan, beige, nile, blue, gray, navy and black, also in Glo-Purl crepe; sizes 36 to 44; extra sizes, 46 to 52, $2.25. Second Floor Flannelette " * gy 1 Regular :nd Extra Sizes ‘Tailored heavy fleecy quality flannelette, in assorted stripes. V. neck and high neck collarless styles, with double yokes. Trimmed with stitching and fancy braid. * Sizes 16, 17, 19 and 20. d . Floor Hundreds of Fresh Arrivals in Beautiful R\ New Hats| 3.75 : —Soleils —Vis-a-Vis —Velvets Felt Hats New Purchase $2.00 and $2.50 Values $ A world of clever new “chicken” models and youth- ful matron hats. Large headsizes, medium head- sizes, small headsizes. Black, the new browns and all colors, Street Floor New! Practical! Economical! = Boys’ Worsted Jersey Ensembles Fine quality French Sizes 3 to 8. spun_worsted jerseys— zephyr sweaters in coat models and crew or V neck_slipevers — blauses of fine broadcioth or fancy madras— fuliv lined trousers — all of LUMBERJACKS—Boys' Leavy wool and leatherette lumberjacks with wide knitted bands at bottom. Open neck, with notched lapels. Sizes 6 to 16 . . 31095 BOYS’ BLOUSES—Sizes 6 to 15 in well tailared broadcloth and fancy percale blouses, at special economy price 59‘: All styles, all headsizes, black and all colors. MONDAY ONLY excellent workmanship. BOYS’ “BELL” SHIRTS in all sizes 1213 to 14;. Tailored of fine, lustrous broadcloth and fast-color fancy percale. fK:ICKEl]s_SI‘;;L 6 to 18 l'iln If knickers of fine woolen mixtures, excellently - i o nenly 67 49 50c Girls’ Long Hose, 35¢ Rayon mixed long hose in all colors. Slight irregulars. 3 pairs for $1.00. Women’s Fancy Heel Hose, 50c Rayon and_silk-and-rayon hose, perfect quality, with twin-point, single-point, French and square heels. Women’s Rayon-Stripe Bloomers, 39¢ Regular and extra sizes, in white and pink. Street Floor Men’s 69c Work Shirts, 50c Blue chambray shirts with triple- stitched seams and two pockets. Sizes 1415 to 167. Men’s 35¢ Fancy Socks, 21c Rayon and lisle fancy socks with reinforced heels and foes. Hand- some new patterns. Sizes 10 to 1115. Men’s $1.00 Ribbed Union Suits, 85¢ Light-weight cotton ribbed suits, short sleeves, ankle length. Sizes 36 to 46. Men’s $2 Sweaters, $1.19 Part-wool Coat Sweaters. V neck, two pockets. In heather mixtures. Sizes 36 to 46. Men’s Night Shirts, 98¢ Genuine Broadcloth Night Shirts, full size, well tailored. Sizes 16 to 20. Men’s $1.69 Work Pants $1.15 Durable quality cotton pants in dark patterns, also khaki pants. 34 to 42 waist measures. Men’s 79c Union Suits, 50c High-count checked nainsook ath- letic suits with taped armholes, web- bing and snubber in back. Sizes 36 to 46. > Men’s 69¢c Shirts and Drawers, Each 48¢c Balbriggan short-sleeve _shirts, sizes 36 to 46; ankle-length drawers. sizes 32 to 44. Sleeve and ankle cuffs. Street Floor Boys’ 25¢ Ties, 15¢ Handsome Knitted Rayon Ties, in many new color schemes. Men’s Otis Shirts and Drawers, Each, 67¢ Genuine Otis Long and Short Sleeve Shirts and Ankle Drawers; white and ecru; perfects and irreg- ulars, Men’s Chambray Shirts, 95¢ Fine Blue Chambray Shirts, with- out collar; style for postmen. and firemen; sizes 1412 to 17. Men’s 59c Aprons, 39c White and Blue Checked Aprons for butchers, grocers and waiters; full length; with or without bib. Street Floor -